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Reportable Segment (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Summary of rental income and NOI for UDRs reportable segments and reconciliation of NOI to loss from continuing operations
The following table details rental income and NOI from continuing and discontinued operations for UDR’s reportable segments for the three months ended March 31, 2013 and 2012, and reconciles NOI to net income/(loss) attributable to UDR, Inc. per the Consolidated Statements of Operations (dollars in thousands):
 
Three Months Ended March 31,
 
2013
 
2012
Reportable apartment home segment rental income
 
 
 
Same Store Communities
 
 
 
West Region
$
58,493

 
$
55,588

Mid-Atlantic Region
41,351

 
39,725

Northeast Region
14,099

 
13,144

Southeast Region
28,544

 
27,013

Southwest Region
11,426

 
10,581

Non-Mature Communities/Other
30,388

 
43,292

Total segment and consolidated rental income
$
184,301

 
$
189,343

Reportable apartment home segment NOI
 
 
 
Same Store Communities
 
 
 
West Region
$
41,315

 
$
38,736

Mid-Atlantic Region
28,762

 
27,565

Northeast Region
10,071

 
9,301

Southeast Region
18,705

 
17,594

Southwest Region
6,883

 
6,265

Non-Mature Communities/Other
19,580

 
28,653

Total segment and consolidated NOI
125,316

 
128,114

Reconciling items:
 
 
 
Joint venture management and other fees
2,923

 
2,989

Property management
(5,068
)
 
(5,207
)
Other operating expenses
(1,643
)
 
(1,383
)
Real estate depreciation and amortization
(83,442
)
 
(94,247
)
General and administrative
(9,476
)
 
(9,379
)
Hurricane-related recoveries/(charges), net
3,021

 

Other depreciation and amortization
(1,146
)
 
(918
)
Loss from unconsolidated entities
(2,802
)
 
(2,691
)
Interest expense
(30,981
)
 
(34,745
)
Interest and other income, net
1,016

 
694

Tax benefit of taxable REIT subsidiary, net
1,973

 
22,876

Net loss/(income) attributable to redeemable noncontrolling interests in OP
45

 
(3,420
)
Net income attributable to noncontrolling interests
(4
)
 
(52
)
Net gain on sale of depreciable property, net of tax

 
80,525

Net (loss)/income attributable to UDR, Inc.
$
(268
)
 
$
83,156

Details of assets of UDR's reportable segments
The following table details the assets of UDR’s reportable segments as of March 31, 2013 and December 31, 2012 (dollars in thousands):
 
March 31,
2013
 
December 31,
2012
Reportable apartment home segment assets:
 
 
 
Same Store Communities:
 
 
 
West Region
$
2,379,289

 
$
2,376,459

Mid-Atlantic Region
1,421,806

 
1,419,873

Northeast Region
725,235

 
723,437

Southeast Region
875,841

 
870,207

Southwest Region
413,583

 
413,085

Non-Mature Communities/Other
2,366,362

 
2,252,767

Total segment assets
8,182,116

 
8,055,828

Accumulated depreciation
(2,007,482
)
 
(1,924,682
)
Total segment assets — net book value
6,174,634

 
6,131,146

Reconciling items:
 
 
 
Cash and cash equivalents
7,121

 
12,115

Restricted cash
24,628

 
23,561

Deferred financing costs, net
23,654

 
24,990

Notes receivable, net
66,193

 
64,006

Investment in and advances to unconsolidated joint ventures, net
461,397

 
477,631

Other assets
133,154

 
125,654

Total consolidated assets
$
6,890,781

 
$
6,859,103